PPP Loan information for American equipment & fabricating corp

$634,843

American equipment & fabricating corp was initially approved for PPP Loan of amount $634,843, the current approved amount is $634,843. The loan was approved on 02/06/2021 by The Webster Bank National Association reported 27 jobs and $634,843 was used to fund payroll.

American equipment & fabricating corp is Existing or more than 2 years old

AMERICAN EQUIPMENT & FABRICATING CORP

Date Approved

02/06/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

AMERICAN EQUIPMENT & FABRICATING CORP

Borrower Address

100 Water St

Borrower City

East Providence

Borrower State

RI

Borrower Zip

02914-5022

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

634843.00

Current Approval Amount

634843.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02914-5022

CD

RI-01

Jobs Reported

27

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

634841.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

643696.02

Forgiveness Date

07/06/2022

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